A Legal Technology Market Report released on March 24, 2025, highlighted RELX PLC as a key company in a market experiencing strong growth. The legal technology market size grew from $30.33 billion in 2024 to $33.25 billion in 2025, representing a compound annual growth rate (CAGR) of 9.6%.
The report projects continued strong growth, with the market expected to reach $47.61 billion in 2029 at a CAGR of 9.4%. This growth is attributed to factors such as increasing legal workload complexity, regulatory compliance requirements, and the rise of e-discovery solutions.
A significant driver for this market expansion is the surge in litigation and investigations, exemplified by the U.S. Department of Justice obtaining over $2.2 billion in settlements and judgments from civil fraud cases in 2022. The increasing demand for remote work, with telework rates between 17.9% and 20% from October 2022 to August 2023, also fuels market growth.
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